Private Valuations
A valuation is a brief report which identifies the property and any major and significant faults only. Its main purpose is to provide a market value. The Market Value is defined as:
The estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arm’s length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently and without compulsion.
Source: ©IVSC 2007.
It is ideal for Private Valuations. The report will include:-
- a description of the property
- a brief condition of the property
- the market value and the rebuilding costs.
This is similar to a Mortgage Valuation. Please Contact us for further information.
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Last Updated on Saturday, 11 June 2016 14:36 |